Capital Market
Romgaz Shareholders OK RON1.61 Gross Dividend, At 5.8% Yield
Shareholders of Romania's state-owned natural gas producer Romgaz (SNG.RO) on Wednesday approved the distribution of the company’s 2019 net profit, partially from retained earnings, and a to...
OMRO IFN's EUR2M Corporate Bonds To Start Trading On Bucharest Stock Exchange April 23
The euro-denominated corporate bonds issued by OMRO IFN Targu Mures will start trading on the Bucharest Stock Exchange (BVB) Multilateral Trading System on Thursday (April 23) after the fina...
Romanian SIFs’ Total Assets Down 14.7% To RON8.6B YoY In 1Q/2020
Romania’s five regional investment funds SIFs ended the first quarter of 2020 with total assets of RON8.6 billion, lower by 14.7% or by RON1.5 billion compared with the end of 2019, accordin...
Blue Air Raised EUR9M from SIF1 via Private Placement in December 2019
Blue Air, Romania's largest private airline, raised EUR9 million from SIF Banat-Crisana (SIF1.RO) for a six-month period back in December 2019 via private placement at an interest of 13.2% a...
TMK Artrom Gets Approval for Shareholder Withdrawal
Romania's financial watchdog said Monday it has approved TMK Europe's move to withdraw the shareholders of TMK Artrom Slatina (ART.RO) at a price of RON6.0398 per share.
Patria Bank OKs Issue Of 20,000 Bonds, Worth A Total EUR10M, Their Admission To Trading Via Tradeville
Shareholders of lender Patria Bank (PBK.RO) on Friday approved a decision to issue 20,000 unsecured, non-convertible and subordinated bonds, denominated in euro, with nominal value of EUR500...
Compa Proposes Shareholders The Second Profit Distribution Option: RON8.3M Dividends At 6.5% Yield
The Board of Directors of Romanian car parts manufacturer Compa Sibiu (CMP.RO) has proposed to complete the agenda of the shareholder meeting of April 27, 2020 with the second option for the...
Lazard, STJ, Deloitte Sign Up Again to Advise Hidroelectrica on IPO
Lazard Freres, STJ Advisors Group, and Deloitte Consultancy have signed up again to provide equity advisory services to state-owned power company Hidroelectrica for an estimated RON8.4 milli...
65% In Banca Transilvania Directly And Indirectly Owned By Romanian Investors
Romanian investors – retail investors, regional investment funds (SIF), private pension funds, own 65% in Banca Transilvania (TLV.RO), the data in the 2019 report of the lender’s board of di...